501 First Residences

121 NE 5th St # 2611, Miami FL 33132

1 beds · 2 baths

For Sale · Active Listing

$599,900

9.11%

Est. Payment $3,193/mo

MLS Sheet Video

Bedrooms

Bathrooms

2026

Year Built

Stories

Days on Market

Description

Beautiful 1 Bed 1 Den/ 2 Full Baths in the brand new 501 First Residences in Downtown Miami. Spectacular views! Fully furnished and move-in ready, just bring your toothbrush! No rental restrictions-Airbnb allowed. Amazing amenities!!! Don’t miss the opportunity to live in the heart of Miami, where everyone wants to be. Amazing restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short-term rental, it’s the perfect combination. It’s not a condo-hotel. Don’t miss it!!!

Facts

MLS#: A11990531
Subdivision: 501 First Residences
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2026
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 40
Garage: —
Pool: —
Days on Market: 52 days
Listed: Mar 27, 2026
Last Updated: May 18, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/18/2026	Price change	$599,900-9.1%
3/27/2026	Listed for sale	$660,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

121 NE 5th St # 2611, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Xceed Preparatory Academy (Miami)
6,7,8,9,10,11,12 · private · 0.9 mi
Fusion Academy Miami
6,7,8,9,10,11,12 · private · 1.0 mi
Fusion Academy - Miami
6,7,8,9,10,11,12 · private · 1.0 mi
Gulliver Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Pinecrest Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Rambam Day School Temple Beth Am
PK,TK,KG,1,2,3,4,5 · private · 1.3 mi
Miami Palmetto Senior High Adult
UG · public · 1.3 mi
Miami Palmetto Senior High School
9,10,11,12 · public · 1.3 mi
Cattoira Montessori School
PK,TK,KG,1,2,3,4,5,UG · private · 1.3 mi
Fairglade School
PK,KG,1,2,3,4,5 · private · 1.3 mi

Estimated Monthly Payment

$3,843/mo

Principal & Interest

$3,193

Property Tax

$500

Insurance

$150

HOA

Down Payment20% ($119,980)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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